Himalaya Shipping Ltd. (HSHP) – Time charters of two vessels
Hamilton, Bermuda, 9 October 2023 Himalaya Shipping is pleased to announce it has entered into time charter agreements for two vessels with a major commodity trading company. The vessels will commence a 24-month time charter with an evergreen structure upon delivery from New Times Shipyard in the first half of 2024. The vessels will earn an index linked rate, reflecting a significant premium to the Baltic 5TC index, and a profit sharing of any economic benefit derived from operating the vessel´s scrubber or running on LNG, as well as certain rights to convert the time charters to